TRUST

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.2768%/8h= +303.1% APRnext payment +$13.84 per $10,000 · paid last 24h +0.642%

Price spread now: BingX against Bitget−0.113%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$452as in the Funding arb table

Net, price: spread back to 7d avg − costs−$553as in the Price arb table

costs, in and out, $10k−$5415.414% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.895%+$89 on $10k

Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.113%, 7d avg +0.007%

Together, before fees+1.081%+$108 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.120% cheaper against Bitget than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.007%). If the spread goes back, that is −$12 on $10k: about 3 hours of funding at the current rate (+$83 a day). At the pace of the last 7 days (+0.895% in total) that is about 22 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.895% in total (about 46.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$13.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TRUSTUSDT	0.06192	0.0100	pay 0.0050% / 4h	1h 19m	$672K	$76K	10x
Short	BingX TRUST-USDT	0.06185	0.2868	get 0.1434% / 4h	1h 19m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BingXbpOrdersPrice spread, now −0.113%Rate

Funding earned: $581.28
Price spread: −0.113% → +0.007%: −$11.96
Slippage, 4 orders: −$519.42
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: $27.9
Costs to cover: 5.414%
Break-even: 6.7 days

Slippage from Bitget: live order book, 41 min ago; BingX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 41 min ago	8.89 bp	298.2 bp −$298	15957.4 bp −$159.6K	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	12.94 bp	31.6 bp −$32	89.6 bp −$896	1044.7 bp −$104.5K	doesn't fit

TRUST on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX TRUST-USDT-SWAP	+0.0100%	4h	0.06189	−0.048%	$115K	$303K	10x	as long as short
Gate TRUST_USDT	+0.0100%	8h	0.06201	+0.145%	$507K	$27K	10x	as long as short
KuCoin TRUSTUSDTM	+0.0100%	4h	0.06196	+0.065%	$300K	$739K	10x	as long as short
Bitget TRUSTUSDTlong	+0.0100%	4h	0.06192	long leg	$672K	$76K	10x
Binance TRUSTUSDT	+0.0308%	4h	0.06183	−0.145%	$1.7M	$2.0M	10x	as long as short
MEXC TRUST_USDT	+0.0308%	4h	0.06190	−0.032%	$215K	$104K	50x	as long as short
Aster TRUSTUSDT	+0.0382%	4h	0.06192	−0.008%	$10K	$8K	5x	as long as short
BingX TRUST-USDTshort	+0.2868%	4h	0.06185	−0.113%	—	$6.5M	—
Bybit TRUSTUSDT	+0.3125%	4h	0.06175	−0.275%	$546K	$463K	25x	as long as short
Variational Omni TRUST	+0.3510%	4h	0.06181	−0.172%	$56K	$409	—	as long as short